January 9, 2007: Apple CEO Steve Jobs introduced the iPhone to the world at the MacWorld. Apple CEO Tim Cook showered praise on the India operations as he announced quarterly results at the company’s headquarters in the US. “I see the smartphone itself, led by iPhone, becoming even more instrumental and important to people’s lives”, Cook said. Apple returned $13 billion to shareholders last quarter alone and it’s completed the vast majority of a $250 billion capital return program. “Thank you to everyone at Apple for helping change the world every day”, he added.
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Apple today announced that it has now sold over one billion iPhones, a milestone it was able to reach in less than a decade.
There’s also no word whether the customer received anything in celebration of being part of iPhone history.
iPhone sales may have declined for the quarter, but Apple’s still posting big numbers in the smartphone arena. Many reports claim that iPhone 7 will arrive sometime this year, and if it happens, Niantic’s game would eventually help Apple’s sales growth, especially for iPhone 7. While 40 million iPhones is nothing to scoff at, Apple’s profit has dropped 27% as a result.
Year 2016 hasn’t been the best one in Apple’s history, it recorded its first iPhone sales slump and then another.
iPad revenue was the only positive number on the hardware fact sheet, up 7%. iPad unit sales were still down about a million compared to the year-ago quarter however. “We had a very successful launch of iPHONE SE and we’re thrilled by customers’ and developers’ response to software and services we previewed at WWDC in JUNE”. Now, only seven months later, the iPhone has topped the billion milestone.
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Apple is expected to unveil its next iPhone devices in September. But the future of iPhone is in a dilemma that what is going to happen.
